‘The status quo is over’: FHFA chief vows quick action on GSEs

‘The status quo is over’: FHFA chief vows quick action on GSEs. House Republicans ask Fed to lower capital requirements for megabanks. 7 things you want your boss to know about blockchain. Why startup Finxact just got $30M from the ABA, SunTrust, others.

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Contents Reverse mortgage amc landmark Fema chief long Cut auto insurance premiums auto insurance premiums Gse reform gains momentum gen- Citizens Bank adapts to a market that continues to defy predictions ‘The status quo is over’: FHFA chief vows quick action on GSEs 3 weeks ago admin In the job for just over a month, Federal Housing Finance Agency Director Mark Calabria on Monday set an.

The status quo is over," he said. "And my arrival at FHFA should be seen as the opening bell for change." In previous comments, Calabria has said that fundamental reform of the GSEs should be undertaken by Congress, but he repeated Monday that he is prepared to act independently of lawmakers to move the reform ball forward under existing authority.

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‘The status quo is over’: FHFA chief vows quick action on GSEs Mark Calabria said he wants Fannie Mae and Freddie Mac to take preliminary steps by Jan. 1 toward exiting conservatorship. GSE reform Hannah Lang May 20

Mark Calabria: "By January 1 of next year, my hope and expectation is that we will be on the path to a new regime where the GSEs can start to build capital."

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‘The status quo is over’: FHFA chief vows quick action on GSEs Mark Calabria said he wants Fannie Mae and Freddie Mac to take preliminary steps by Jan. 1 toward exiting conservatorship. GSE reform Hannah Lang May 20